He stopped to speak to several fishermen, assuring them that BP would reimburse them for lost earnings. But reimbursement may be one of the largest battles to come, given that federal law sets a limit of $75 million on BP's liability for damages, apart from the cleanup costs.
"It's going to be extremely tricky" to reimburse fishermen and others if economic damages tally above $75 million, said Stuart Smith, a New Orleans-based lawyer who is pushing for Congressional action to amend the law. "They may not be obligated to pay more than that unless they agree to do it."